Kane Is Able Inc., a third-party logistics provider, has acquired the Southeast and Northwest regional hubs of Nexus Distribution Corp., a 3PL headquartered in Bloomingdale, Ill.
The popular online purveyor of skin care and beauty products undergoes a natural process of maturing. Rapid sales growth dictates that the Seattle-based merchandiser hire an outsourcing partner to handle order-fulfillment duties in the eastern U.S.
The furious pace of M&A activity in life sciences indicates there is serious money to be made there. But successful companies must quickly adapt their supply chains to the challenges that shifting customer needs and industry regulations bring. Five crucial ideas that winners must understand are outlined below.
Newgistics, which provides end-to-end e-commerce solutions for retailers and brands, announced the international expansion of its parcel delivery and return services. This new offering helps to reduce the costs of cross-border delivery and make it easier for U.S. retailers to access and begin selling into the largest markets overseas, including the U.K., Europe, Asia, Australia, Russia, China and South America.
Vascor Ltd., a global provider of automotive logistics services, has acquired Commonwealth Express, Ltd., a U.S.-based specialist in asset-based transportation and brokerage.
XPO Logistics Inc. has completed the acquisition of New Breed Holding Co., a provider of contract logistics services, at a cash purchase price of $615m.